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Australian billionaire Ellison to leave miner over ‘profoundly disappointing’ conduct
Mineral Resources shares fall 10% after board concludes founder used company resources for personal benefitWorld - Financial Times - Yesterday -
Billionaires see the stakes of election
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Billionaires with business interests riding on election For billionaires who have ...Politics - The Hill - 4 days ago -
Steve Ballmer on becoming one of the world's richest billionaires
LA Clippers owner and former Microsoft CEO Steve Ballmer, has seen his net worth soar north of $120 billion.Top stories - CBS News - October 13 -
China loses third of its billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortuneWorld - Financial Times - October 29 -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - 6 days ago -
An excess of billionaires is destabilising politics – just as academics predicted
Politicians have always courted the wealthy, but Elon Musk and co represent a new kind of donor, and an unprecedented danger to democracy. The concept of “elite overproduction” was developed by ...World - The Guardian - 5 days ago -
Billionaires have business interests hinging on election outcome
Billionaires who have funneled tens of millions of dollars into the 2024 election or who have made key decisions affecting the race have a lot riding on the outcome. Two of the biggest names to get ...Politics - The Hill - 5 days ago -
Australian territory resumes jailing 10-year-olds
Australia has been under pressure to raise the age of criminal responsibility, in line with UN advice.Top stories - BBC News - October 17 -
Australian teen denies murdering British mum
Emma Lovell, 41, was fatally stabbed during the break-in at her Brisbane home, a court hears.Top stories - BBC News - October 21 -
‘Not my King’ protest row highlights Australian divisions
An Aboriginal senator's heckling of the King ignites debate about how to best address inequality in Australia.Top stories - BBC News - October 26 -
Australian businesses complain they are ‘public enemy number one’
Labor government adopts increasingly populist position ahead of general election due in MayWorld - Financial Times - October 28 -
Huge Australian 'fiasco' ship to be mothballed in Edinburgh
Newly-built Spirit of Tasmania is too large to fit the port facilities in Tasmania, so will be stored at Port of Leith.Top stories - BBC News - 6 days ago -
Woolworths Cuts Expectations for Australian Food Earnings
Australian grocer Woolworths expects fiscal first-half earnings in its key Australian food division to be below previous expectations, as customers continue to be price conscious when facing cost ...Business - The Wall Street Journal - 6 days ago -
Australian man cleared of murdering British woman during break-in
Emma Lovell was fatally stabbed after confronting two intruders in a suburb north of Brisbane in 2022.Top stories - BBC News - 5 days ago -
Radiohead singer confronts Gaza protester at Australian gig
Thom Yorke hit back at the fan after he heckled the singer over death numbers in Gaza during a performance in Melborne.Top stories - BBC News - 5 days ago -
PwC accused of interfering in Australian tax leaks probe
Documents reveal PwC International threatened to expel local firm if it co-operated with scandal investigation without permissionBusiness - Financial Times - 4 days ago -
Anglo American Continues Coal Selloff With Australian Disposal
The global miner sold its interest in two steelmaking-coal mines in Australia for around $1.1 billion, advancing its coal-division selloff.Business - The Wall Street Journal - Yesterday -
Elon Musk battles Indian billionaires over satellite internet spectrum
Starlink head in spat with owners of Reliance Jio and Bharti Airtel mobile networks who call for space bandwidth auctionsWorld - Financial Times - October 16 -
Billionaire Tom Gores to buy 27% of the LA Chargers for $750 million
Gores is buying in at an enterprise value of $4 billion, more than a 30% discount to the team's value of $5.83 billion, according to CNBC's 2024 rankings.Business - CNBC - October 17 -
Billionaire investor says market is 'very convinced' of Trump victory
Billionaire investor Stanley Druckenmiller said Wednesday that the market is “very convinced” of an election victory for former President Trump. “I must say, in the last 12 days, the market and the ...Politics - The Hill - October 17 -
Battle of the billionaires: Harris deploys Mark Cuban as Elon Musk stumps for Trump
As Elon Musk steps up his work on behalf of former President Donald Trump, Kamala Harris is calling in her own billionaire, Mark Cuban.Politics - NBC News - October 17 -
How Silicon Valley Billionaires Became Trump’s Biggest Donors
Elon Musk and a group of Silicon Valley allies have built a shadow campaign to put Donald Trump back in office.Top stories - The New York Times - October 18 -
Meet David Hoffmann, the Florida Billionaire Buying Up Print Newspapers
David Hoffmann has already bought 5 percent of one of America’s largest newspaper companies. Now, he wants to control the whole thing.Business - The New York Times - October 22 -
Legal concerns over billionaire Elon Musk PAC giveaway to support Trump
A campaign tactic by Donald Trump ally Elon Musk is raising new legal concerns. The billionaire is offering a big cash prize to battleground state voters who sign a petition for his Trump super ...Top stories - CBS News - October 22 -
Another billionaire investor positions for a Trump win. He’s placing ‘inflation trades.’
Legendary investor Paul Tudor Jones said Tuesday he’s moved his portfolio in the direction of a victory by Donald Trump in the Nov. 5 presidential election, but warned of a potential reckoning over ...Business - MarketWatch - October 23 -
Musk v Ambani: Billionaires battle over India's satellite internet
Musk's Starlink and Mukesh Ambani are preparing to face off in India’s satellite broadband market.Top stories - BBC News - October 22 -
Democrats rip Musk as billionaire takes leading role in Trump campaign
Billionaire tech magnate Elon Musk is drawing attacks from top Democrats and concern from election watchdogs as he barnstorms for former President Trump in a crucial swing state. Over the past ...Politics - The Hill - October 25 -
‘Anticipatory obedience’: newspapers’ refusal to endorse shines light on billionaire owners’ motives
The Los Angeles Times and the Washington Post both declined to endorse a candidate – a sign of political media capture. When two American billionaires blocked the newspapers they own from endorsing ...World - The Guardian - October 26 -
Battle of the billionaires: the mega rich spending to swing the US election
A small number of big spenders are having an outsize effect on fundraising in the 2024 presidential voteWorld - Financial Times - October 27 -
Who is Bidzina Ivanishvili, the shadowy billionaire behind Georgia’s pivot to Russia?
Country’s wealthiest and most influential figure has guided shift away from the west while cultivating an air of mystery. In the winding streets of ancient Tbilisi, one is ever under his watchful ...World - The Guardian - October 27 -
The Washington Post is a reminder of the dangers of billionaire ownership | Siva Vaidhyanathan
In blocking the newspaper from endorsing Kamala Harris, Jeff Bezos is not acting cowardly so much as slyly. Last week the Washington Post refrained from endorsing a candidate in the presidential ...World - The Guardian - 6 days ago -
Steve Ballmer: the tech billionaire asking if voters want ‘just the facts’
Former Microsoft boss seeks to build better democracy with dataWorld - Financial Times - 3 days ago -
Revealed: billionaires are ‘ultimate beneficiaries’ linked to €3bn of EU farming subsidies
Thousands of small farms have closed according to analysis of official but opaque data from EU member states. ‘We didn’t realise how hard it is’: small farmers in Europe struggle to get by The ...World - The Guardian - 2 days ago -
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Israel races to supply anti-missile shield
Intense war demands have left the IDF relying on the US to fill gaps in air defencesBusiness - Financial Times - October 15 -
King Charles’s visit puts the monarchy’s Australian future back in focus
Hopeful Republicans are calling it the ‘farewell tour’, as the king toes the tried and tested constitutional line . As the king arrives in Australia for the first time as head of state, republican ...World - The Guardian - October 18 -
Australian authorities respond to a reported bomb scare on a New Zealand flight
Australian authorities have responded to a reported bomb scare on flight from New Zealand to SydneyWorld - ABC News - October 19